MicroStrategy, the world’s largest corporate Bitcoin holder, has purchased an additional 17,994 BTC for approximately $1.28 billion. The acquisition, executed at an average price of $70,946 per Bitcoin, brings the company’s total holdings to 738,731 BTC, acquired for roughly $56 billion. This significant buy coincided with a notable price surge for Bitcoin last week.
The business intelligence firm MicroStrategy announced a massive Bitcoin purchase worth $1.28 billion. The company bought 17,994 BTC at an average price of $70,946 per unit, which it stated may explain last week’s surge in cryptocurrency prices.
With this latest acquisition, MicroStrategy now holds a total of 738,731 Bitcoin. The company acquired this entire position for approximately $56 billion at an average cost of $75,862 per bitcoin.
“MicroStrategy has acquired 17,994 BTC for ~$1.28 billion at ~$70,946 per bitcoin,” the company said in an announcement. “As of 3/8/2026, we hodl 738,731 $BTC acquired for ~$56.04 billion at ~$75,862 per bitcoin.”
The industry remains divided on the firm’s consistent strategy of leveraging company shares to buy Bitcoin. Despite the recent large purchase, MicroStrategy reportedly sat on an unrealized loss of about $6 billion due to serious price volatility on the day of the announcement.
